Flounder Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016,...
Flounder Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016, balance
sheet.
Preferred stock, 11%, $100 par (10,000 shares authorized, 2,100
shares issued)
$210,000
Common stock, $5 par (91,000 shares authorized, 18,200 shares
issued)
91,000
Additional paid-in capital
130,000
Retained earnings
448,000
Total
$879,000
During 2017, Flounder took part in the following transactions
concerning stockholders’ equity.
1.
Paid the annual 2016 $11 per share dividend on preferred stock
and a $2 per share dividend...
Swifty Company reported the following amounts in the
stockholders’ equity section of its December 31, 2019,...
Swifty Company reported the following amounts in the
stockholders’ equity section of its December 31, 2019, balance
sheet.
Preferred stock, 10%, $100 par (10,000 shares authorized, 1,800
shares issued)
$180,000
Common stock, $5 par (93,000 shares authorized, 18,600 shares
issued)
93,000
Additional paid-in capital
130,000
Retained earnings
467,000
Total
$870,000
During 2020, Swifty took part in the following transactions
concerning stockholders’ equity.
1.
Paid the annual 2019 $10 per share dividend on preferred stock
and a $2 per share dividend...
The stockholders' equity section on the December 31 balance
sheet of Chemfast Corporation reported the following...
The stockholders' equity section on the December 31 balance
sheet of Chemfast Corporation reported the following
amounts:
Contributed Capital
Preferred Stock (par $20; authorized 10,000 shares, ? issued,
of which 1,000 shares are held as treasury stock)
$
108,000
Additional Paid-In Capital, Preferred
15,390
Common Stock (no-par; authorized 20,000 shares, issued and
outstanding 6,200 shares)
632,400
Retained Earnings
32,000
Treasury Stock, 1,000 Preferred shares at a cost
(9,600
)
Assume that no shares of treasury stock have been sold in...
The stockholders' equity section of Wildhorse Co. balance sheet
at December 31 is presented here:
WILDHORSE...
The stockholders' equity section of Wildhorse Co. balance sheet
at December 31 is presented here:
WILDHORSE
CO.
Balance Sheet (partial)
Stockholders'
equity
Paid-in
capital
Preferred stock, cumulative, 11,000 shares
authorized,
6,000 shares issued and
outstanding
$600,000
Common stock, no par, 750,000 shares
authorized,
600,000 shares issued
6,000,000
Total paid-in capital
6,600,000
Retained
earnings
1,450,000
Total
paid-in capital and retained earnings
8,050,000
Less:
Treasury stock (5,000 common shares)
41,000
Total stockholders'
equity
$8,009,000
From a review of the stockholders' equity section,...
The stockholders' equity section of Piper Corporation's balance
sheet at December 31, 2016, appears below:
Stockholders'...
The stockholders' equity section of Piper Corporation's balance
sheet at December 31, 2016, appears below:
Stockholders' equity
Paid-in capital
Common stock, $10 par
value, 400,000 shares authorized;
300,000 issued and
outstanding
$3,000,000
Paid-in capital in excess of par
1,200,000
Total
paid-in capital
4,200,000
Retained earnings
900,000
Total
stockholders' equity
$5,100,000
During 2017, the following stock transactions occurred:
Jan. 18
Issued 80,000 shares of common stock at $23 per share.
Aug. 20
Purchased 20,000 shares of Piper Corporation's common stock at...
The stockholders' equity section of the balance sheet of
Crammond Corporation at December 31, appears as...
The stockholders' equity section of the balance sheet of
Crammond Corporation at December 31, appears as follows:
Stockholders' Equity
$2 preferred stock, $100 par, 10,000 shares authorized
$
670,000
Common stock, $1 par, 100,000 shares authorized
72,000
Additional Paid-in Capital:
From issuance of preferred stock
165,000
From issuance of common stock
710,000
Total paid-in capital
1,617,000
Retained earnings
835,000
Total Stockholders' equity
$
2,452,000
How many shares of common stock are outstanding?
110,000.
100,000.
72,000.
77,000.
The stockholders’ equity section of Pina Colada Corp. at
December 31 is as follows.
Pina Colada...
The stockholders’ equity section of Pina Colada Corp. at
December 31 is as follows.
Pina Colada Corp.
Balance Sheet(Partial)
Paid-in capital
Preferred
stock, cumulative, 10,000 shares authorized, 7,000 shares issued
and outstanding
$420,000
Common
stock, no par, 700,000 shares authorized, 570,000 shares
issued
1,140,000
Total paid-in capital
1,560,000
Retained earnings
1,858,000
Total paid-in
capital and retained earnings
3,418,000
Less: Treasury stock (12,000
common shares)
62,400
Total
stockholders’ equity
$3,355,600
From a review of the stockholders’ equity section, as chief
accountant,...
Supper Company Ltd., reported the following stockholders’ equity
on its balance sheet at Dec 31, 2017:...
Supper Company Ltd., reported the following stockholders’ equity
on its balance sheet at Dec 31, 2017: Supper Company Ltd.
Stockholders’ Equity Dec 31,2017 Paid-in Capital Preferred stock,
10%, ? par, 1,000,000 shares authorized, 100,000 shares issued $
2,000,000 Common stock, par value $? per share, 10,000,000 shares
authorized, 2,000,000 shares issued and outstanding 4,000,000
Paid-in capital in excess of par—common 20,000,000 Total paid-in
capital 26,000,000 Retained earnings 10,600,000 Total Stockholders’
equity $36,600,000 Requirements: 1. What is the par value per...
Duple Company Ltd., reported the following stockholders’ equity
on its balance sheet at Dec 31, 2017:...
Duple Company Ltd., reported the following stockholders’ equity
on its balance sheet at Dec 31, 2017:
Duple Company Ltd.
Stockholders’ Equity
Dec 31,2017
Paid in Capital
Preferred stock, 10%, ? par, 1,000,000 shares authorized,
100,000 shares issued
$ 2,000,000
Common stock, par value $? per share, 10,000,000 shares
authorized, 2,000,000 shares issued and outstanding
4,000,000
Paid-in Capital excess of par - common
20,000,000
Total paid-in capital
26,000,000
Retained earnings
10,600,000
Total stockholder's equity
$36,600,000
Requirements:
1. What is the par...
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The stockholders' equity section on the December...
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The stockholders' equity section on the December 31 balance
sheet of Hadley Corporation reported the following amounts:
Preferred Stock (par $50; authorized 10,000 shares, ? issued
348,000
Additional Paid-in Capital, Preferred
22,100
Common Stock (no-par; authorized 20,000 shares, issued and
outstanding 5,300 shares)
78,114
Retained Earnings
158,061
Treasury Stock, 1,000 Preferred shares at cost
53,054
What is the total stockholders' equity for Hadley
Corporation?
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Emma Systems, Inc. declared and issued...